Tax Filing Cycles

1. Explanation

All GST reporting, for example GAF File and GST Return Form, are generated base on Filing Cycles.
In order to generate GAF File and GST Return Form, you will need to ensure that all GST transactions ( Sales, Purchase, Adjustments ) are filed into the correct Filing Cycle.
Currently we only support monthly cycle, but we will enhance to have quarterly / half yearly cycle as required by Royal Customs #26136
Once a GST Return for a Filing Cycle is submitted to Royal Customs, it is advised to lock the filing cycle to avoid backdated transactions to be included in a Filing Cycle which is already submitted.
In most cases, each month will have only 1 Filing Cycle. However, you can create more than 1 Filing Cycle for each month, provided all Filing Cycles for the said month has been LOCKED.
This situation will arise if you left out any transactions, which is supposed to be filed into the previous Filing Cycle that has been LOCKED.
Each Filing Cycle will automatically be tagged with a Submission No. The first Filing Cycle for the month will have Submission No 1, the next Filing Cycle for the same month will have Submission No 2 and so on.

The function is located @ Extended Modules > Malaysia GST > Tax Filing > Tax Filing Create

The function is located @ Extended Modules > Malaysia GST > Tax Filing > Tax Filing Listing

The function is located @ Extended Modules > Malaysia GST > Tax Filing > Tax Filing Create